The Week Ahead

Key Drivers for the Week of Nov 16 – Nov 20 • Vaccine hopes vie with record surge in virus cases and muddy economic outlook • Brexit talks front and center — “final final” deadline this week? • Focus on U.S. fundamentals: retail sales, production, manufacturing, housing data due • Fedspeak from Daly, Clarida, Barkin, […]

US Consumer Sentiment

Traders sit stranded as they wait for the Michigan Consumer Sentiment numbers to sail in. Not much change is expected with optimism dropping due to caution surrounding corona. People will await the election result to see what will come of the economic policy for 2021. Expectations show that the MCSI will increase to 80.5 from […]

The Week Ahead

It almost seems like every week is a big week lately. This one is no different. Looking at the economic calendar below and only highlighting the high impact announcements, we see a lot of red. Chart is set at GMT + 10 West Pacific Standard time Monday Starting the week off we China, Great Britain […]

Euro smiles as US retail miss the mark

Although the numbers came in worse than expected at 1.2%, all signs still point to a full recovery in the retail sales activity. We are seeing spending levels back to record highs but be mindful that as stimulus pull back, people will be less likely to spend on a new TV and start sending it […]